70-72 Spruce Avenue

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$275,000

70-72 Spruce Avenue

Saint John · MLS® NB150119

2,500 sq ft · 10,581 sq ft lot · House · Multi-family · built 1960 · 3 days on market

listed by Tim Somerville, Royal LePage Atlantic

realtor's description

Welcome to 70-72 Spruce Avenue! This spacious 2-family is ideal for owner occupancy that offers a 3-4 bedroom, 3-level owner's unit and a 2-level 3-bedroom unit as well. This building is near the bus route, close to many amenities and has a double lot with 2 driveways. Total rental income $29,973. Rents are approximately $1,055$1,442. Approximate expenses: - Heat: $4,000 - Insurance: $2,800 - Water/sewer: $2,892 - Taxes: $4,005 - Electricity: $3,678 Approximate total expenses: $17,375 Approximate net income: $12,598

property details

type: House, Multi-family
living area: 2,500 sq ft
lot: 10,581 sq ft
parking: 0
year built: 1960
property tax: $4,005 / yr
days on market: 3
MLS®: NB150119

features

Level lot
Refrigerator
Stove

monthly cost

$1,532/mo

Mortgage $1,198 · Tax $334

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$1,198/ monthly

loan $220,000

25-year amortization

down payment20% · $55,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $139,445
cash to close: $55,000; down payment; transfer tax and fees not included
total paid: $359,445

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.